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Search Results 0 to 49 of about 116 (some duplicates have been removed)
for a while. >> it is time for a new economic ta patriotism. rooted in the belief that growing our economy begins with a strong and thriving middle class. >> i get it about the class. but if we hit people with more tax people who are work maybe doing pretty well and somehow it is more patriotic to pay more taxes, i love what arthur godfrey said. he was proud to be a tax paying american and he could be just as proud for half of the money. it is not a matter of patriotism for the government to take more and more of what we earn and redistribute it not so much to people who are absolutely desperate and in need. but just to people who kind of like to have what somebody else had. there no patriotism in that. it is working hard and not expecting our government to do something for us and expecting us to do something for our government. there was a democrat named john f. kennedy. he had it right. ask not what your country can do for you. ask what you can do for your country. the way i was brought up. democrat or republican. that was patriotism. the obama late night talk show mirn tour continued th
grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. @%u: a president has a new economic plan strikingly similar to the old one but has more pictures. four more years of the president's policies for the country in just moments. here's what have been don wall street. gdp expanded at 4% but news the economy is growing as some feared. of the edo squeezes out modest gains trading on the big board. 3.3 billion in line with recent activity. the dow is down and the nasdaq just over half a percent. gasoline futures moving higher with supply disruptions on the east coast worried about hurricane sandy. the 10 year note is coming back with a sense things are slowly improving. consumer confidence shows rising at to a five-year high. some expected more than that. more bad news with the president green energy agenda. despite -- inspector general slamming the green jobs training program and that the independent report. more than half of the 81,000 who part
-cents, joining us now to analyze what is going on with the economy. these markets, arthur lapre it is great to have you with us. >> thank you, lou. lou: start with impact of the hurricane. to whether much is made too much made, of the impact on gdp growth or broad economy for next several months. >> it is just a temporary hit, i would expect from the storm. i don't think it will be long lasting or affect gdp growth. it will not affect the ream economy over -- real economy over any long run. lou: our hearts go out to those who suffered so much damage and devastation, and losses. and those who lost loved ones. this is a very tough time, and it is almost impossible to judge what the impact will be, psychically on the nation. andn terms of the politics. give us your best assessment there. >> well, i don't think it will have much of an affect on politics, both candidates handled themselves well. president oba of presidential, and did these duties correctly. i don't think that mitt romney any anything wrong. he was very respectful of the storm and respectful of the people. i think the
. donate today. >> steve: it will be the last major report card on the economy. the labor department releases monthly unemployment rate. right now it stands at 7.8 percent. economist expect it to go up to 7.9 percent. it is estimated that employers added 125,000 jobs last month and that is up from september and fall short of what is needed to cut the jobless rate. we'll bring that number to you live as it is released from washington. meanwhile new accusations. votes switched from mitt romney to obama. rnc learned of cases in nevadathey are asking the states to recalibrate all of the machines. and have additional technician on hand and use signs to make sure people check their vote. there is no evidence of problems but check your ballot, gretch. >> gretchen: 47 out of 51 times the presidential candidate who won the popular vote has won the electoral. experts believe that mitt romney will win the popular and president obama will take the electoral college and win the white house. can that happen again? what do you think about that, pete? >> i think and firmly believe that mitt romney w
indicator of how well our economy is doing, but next hear why some say the latest g.d.p. report does not tell the whole story. jack, you're a little boring. boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi® card to get the benefits of private pass. more concerts. more events. more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with a citi card. [ crowd cheering, mouse clicks ] [ male announcer ] get more access with a citi card. so i test... a lot. do you test with this? freestyle lite test strips? i don't see... beep! wow! that didn't ta much blood. yeah, and the unique zipwik tab targets the blood and pulls it in. so easy. yep. freestyle lite needs just a third the blood of onetouch ultra. really? so testing is one less thing i have to worry about today. great. call or click today and get strips and a meter free. test easy. >> gregg: time f
had and the clinton administration, those upper income earners were doing well and the entire economy was growing. we are going to have to make some tough choices. a balanced approach is the only approach that i believe will get us there. >> heather, your rebuttal. >> it is amazing to me, congressman, that you can stand here having voted for trillion dollar deficits for the last four years. the largest, fastest debt increase in american history and say that we have to control spending. you have done nothing to control spending of the last four years, and with respect to cuts, cap, and balance it is amazing to me also that the idea of cutting wasteful spending, capping the ability of congress to spend money we don't have and balancing the budget is extreme. i think it would force congress to set priorities and stop funding things like solyndra and prioritize things like social security, medicare, and education, and that is why i support a balanced budget amendment to the constitution. >> the race to succeed retiring new mexico senator is just one of the key house, said, and governors r
are doing in the state when there is early voting. >> let's look at where we are on the economy and the gdp nun numbers and the unemployment numbers. this must not have been the kind of growth that barack obama was talking about, was promising when he stood in front of those crowds in chicago on election night four years ago after having been declared the next president of the united states. such a big moment for the obama family. he must have stood there hoping four years from that night things would look a lot better economically speaking than they do today. >> let's look at the numbers. the gdp numbers that came out this week were above what they were projected to be. we saw a few weeks ago that unemployment was below 8% for the first time since the president took over in the midst of the worst economic crisis since the great depression. we all agree we need to do more. we agree that things can get better. but this president has done incredible things considering the republicans in congress have said from day one they will say no to anything he wants to do. not just for the economy, but
, let's start with the economy which everyone agrees is the number one concern for voters. senator johnson in wisconsin, let me put up numbers, the unemployment rate is nationally 7.8% and gdp growth in the third quarter rose from 1.3% in the second quarter to 2.0 and it is still a weak recovery but aren't the president's policies starting to turn things around? >> no, we have had incredibly tepid, meager recovery, and the fact that gdp rose 2%, all you can say is it is less bad news and what happened here in wisconsin, after the first debate, the very false character president obama spent hundreds of millions of dollars portraying governor romney was shattered and when wisconsin saw it, he was a man with integrity and intelligence and had a plan unlike president obama, who has no ways to save social security or focus and unlike the senate, there has been no leadership in three years and, ryan paul, has the courage to put forward real proposals. >> chris: let me, senator warner talk about the economic recovery, weak as it is in historical terms, the fact is, even though, as i say,
are needed each month to turn the economy around. so that is the big number we have. that's where we start. good morning. i'm bill hemmer. welcome here. morning, martha. martha: good morning bill. what a week. it is friday. welcome everybody, i'm martha maccallum. this jobs report today could be the freshest things people have in their mind in terms of a economic number when they head to the polls in a few days. this short shows it has been a very slow, sluggish recovery. the government reports real unemployment, this is the number we want to focus on, 14.6%. we say that for a good reason. that includes people that are underemployed, even people only worked one day, get counted in the underemployed, part time emed employed. some just have given up. bill: stuart varney, anchor fox business network. good morning to you. start with the more significant number you find there. what is that, stuart? >> that is the real unemployment rate. that gives the true picture of the employment situation in america today. the that real unemployment rate is 14.6%. that is a dismal picture of the employment p
believe that the tax cuts for the wealthy stimulate the economy? dold: i believe keeping tax rates low are going to be helpful. president obama said in 2010 said in a fragile economy, we should not be raising rates. that's when the economy was growing at 3.5%. the economy today is growing at 1 minute 5%. i asked my opponent how raising taxes was going to help more people get employed, how it was going to help these small businesses who are struggling to make ends meet. frankly, there was no response. >> moderator: do you believe tax cuts for the wealthy stimulate the economy? schneider: i stand with the president that we should keep tax rates for all earners under 250,000 where they are. but we have a fiscal imbalance. we need to address that. by raising the tax rates, going back to the tax rates of the 1990s where we had a growing economy, we were creating 23 million jobs. the congressional budget office looked at the plan to go back to 1990 rates on income over $250,000, they said it would reduce our net debt over ten years by almost a trillion dollars. that's a significant step in b
and deter waste, fraud, and abuse, and improve the economy and efficiency of the agency. but our role was also to promote transparency and what the agency did, because i believe very strong and we believe are strongly that it was important for the citizens in the at the government was doing. that's the point in the law enforcement context, but in the intelligence area as well. we did reduce intelligence matters ranging from review of the robert hanssen case at the fbi, why wasn't the robert hanssen could be a spy and fbi missed for several decades, when it initially came out, the fbi said it was because of his wily tradecraft picking out to exploit the system and we are asked to look at it determined that that was not true. that they had lax internal security methods and that he it needed improvement. not only did we do that report but we also made public the findings of the report. a lot of people said how can you do that? this is a very sensitive area. it's top secret area, we push very hard to make an executive summary of the conclusions of that report now because we believe strong
.d.p. report shows our nation's economy growing at a mere 2%. and that anemic growth could be because of government spending. where is the recovery? "fox & friends" begins now. it's ominous morning this morning as we begin to see what sandy does on the east coast. tropical storm the. >> the cold front coming from the west one monster slow moving storm so its effects can be felt for a few days. has sites set on the united states. rick reichmuth has been following sandy's path. so i get, rick, that's good news. others say it can be worse than irene. >> don't pay attention to it being downgraded. it doesn't mean anything. it's not really completely a tropical storm. it's going to be transitioning to what we kind of consider a nor'easter. we are accustomed to nor'easters. that kind of a event. moisture associated with a tropical storm. tropical storm holds a lot more water in the atmosphere as it transitions. that water is still going to be there radar picture showing the rain is following across parts of the carolinas. the rain is going to be heavy all day. battering waves, a lot of wind
a while. perhaps even a decade. one said it shows progress in a strengthening economy, but it levels well short needed to stick complaint reduce the unemployment rate. >> good, solid growth is at least a quarter million jobs a month and even at that rate we are talking about five or six years. if you want to get back in the next presidential term in four years, you need something like 325,000 jobs a month. that's much stronger than we are getting right now. >> one obstacle preventing people from hiring is they don't know what their tax rates will be in january or how much the government will spend. all the expiring policies known as the fiscal cliff, rich. >> wall street didn't like something today. >> it was better than expected. first the stocks went higher and then they went south. they blame the costs of hurricane sandy and the dow drops 140, the s&p 13 and phase back 38. >>. >> the president and gov. romney that different reaction to the jobs numbers. we will check in with each campaign as it battles for one of the biggest swing states on the map with now four days to go. from the jo
over the last undecideds. governor romney promising to turn this economy around, president obama arguing it would have been worse if republicans would have been in charge over the past four years. with the final sprint on today we get the last pre election look at the unemployment situation in this country, the jobless rate ticking up last month to 7.9%, up from 7.8. some 12.3 million people unemployed. the number is higher when you add in the under employed, folks who want to be doing more than part time work, but are not, that number would jump to 23 million u.n. or under employed. both candidates hit the trail earlier and had this to say about the numbers. >> this morning we learned that companies hired more workers in october than at any time in the last eight months. [cheers and applause] >> he said he was going to lower the unemployment rate down to 5.2% right now. today we learned that it's actually 7.9%, and that is 9 million jobs short of what he promised. unemployment is higher today than when barack obama took office. megyn: chris stirewalt the fox news digital politic
to the economy. that makes it the second most expensive storm in history after hurricane katrina. >> nearly half of new york city's deaths happened on staten island. secretary of state janet napolitano will be there today. anna werner is there. >> reporter: good morning. homes are destroyed. the storm threw cars like toys. that's what it looks like all down this street yet many residents say they believe they've been ignored. some residents of staten island have started calling it the forgotten borough. across storm-ravaged staten island, frustrations are mounting. >> we could have died! we couldn't breathe! we've got 90-year-old people. >> reporter: residents are outraged, claiming their community has been ignored in the days following sandy while aid pours into other parts of new york and new jersey. >> a lot of people are here. a lot of people are hurting. so, it's upsetting. >> reporter: power is out. hundreds of homes have been destroyed and dozens of streets are impassable. still, the city is planning to go ahead with its annual marathon, which kicks off on staten island's verrazano bridge
's what have been don wall street. gdp expanded at 4% but news the economy is growing as some feared. of the edo squeezes out modest gains trading on the big board. 3.3 billion in line with recent activity. the dow is down and he nasdaq just over half a percent. gasoline futures moving higher with supply disruptions on the east coast worried about hurricane sandy. the 10 year note is coming back with a sense things are slowly improving. consumer confidence shows rising at to a five-year high. some expected more than that. re bad news with the president green energy agenda. despite -- inspector general slamming the green jobs training program and that the independent report. more than half of the 81,000 who participated and completed the training, already had jobs. correct. more than half the bowing to the training already had jobs. those who were desperate for work only 38% actually got a job and them spending 530,000 to achieve those results. the president now has his eye on executive pay rules. the next expansion of government. not a modest proposal that the stability of markets th
, not bad, it's holding the line and it's the same kind of economy that the president has had for much of the last two years, which is unsatisfactory but not terrifying, so he is going with that, and when you hear an incumbent use terms like the most jobs created in eight months or unusual metrics like that he's looking for a way to reinforce his argument that's been there all along which as you said was if the republicans would have been in charge this would have been worse. this isn't great but it's better than it would have been if john mccain would have been elected in 2008. that is not exactly arousing call to supporters, and it also leaves the door open for mitt romney. and what you heard which is to say, this guy didn't deliver what he said he would, it's time to give somebody else the ball. megyn: when a difference from four years ago. i mean at this point in the election four years ago you could feel a momentum behind barack obama and people like you knew who was going to win that race. you know, it wasn't something that you could come out and say openly because you've got to
romney closed the gap particularly after his debate. women will tell you the economy is the top concern. yesterday's numbers showing a slight rise in the gdp and final unemployment report that comes out before the election. could it have an impact if it shows improvement as well? >> first of all 2.0 percent is enemic and border line recession . i do expect the job numbers to show a huge improvement on friday. it is called bls. and drop the l for the preelection data that is coming out. i don't think it will be a impact. what do you believe? my speeches or your own eyes. and statistics? >> i think romney opened up a two-one edge in who would be the best candidate to handle the economy. i don't think obama will be able to gain with that. >> also in foreign policy. you will hear a lot of revelations that came out about the tragic benghazi attack and we know that cia operatives for help were denied in the attack. you think the investigation has impact on the undecided voters at this point? >> yeah, i think it will to some extent. he doesn't look good in this, but the more affect is frees th
're nine million jobs short of that and he has no plan to get this economy going again to put americans to work. you notice there's some numbers he doesn't speak about. he doesn't use the number, 47. that happens to be how many million people are on food stamps today. 15 million more than than when he took office. he doesn't use the number 23 million. that's the number of people struggling to find a good job in this country. the president doesn't have a plan. he is out of ideas. he is out of excuses, and this november florida is going to make sure we put him out of office. [cheering] >> now in 2010, then-president obama came to pensacola. you probably weren't there, but some folks were. and he took pride in saying, and i quote, he halted reductions in the navy. that's what he said. but today, today he again has shrunk to a smaller version of the navy, and his view of the navy's role. you may recall in our most recent debate i made the point our navy is now smaller than at any time in, well, almost 100 years, and the president's response was, well, we don't use bayonets and horses anymor
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started and fired up and now we'll talk about the gdp report, the latest numbers on the economy show that it's growing at 2%. is that thanks to poor growth or government spending? . he did it, another gaffe on the campaign trail. hear what the vice-president said this time. ♪ slip sliding away, the nearer your destination, the more you slip sliding away ♪ ♪ [ male announcer ] it's time for medicare open enrollment. are you ready? time to compare plans and see what's new. you don't have to make changes, but it's good to look. maybe you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ medicare open enrollment. now's the time. visit medicare.gov or call 1-800-medicare. ♪ to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorro
upstate medical center blues $18 million a year. it's going to hurt the economy. so i voted to repeal the affordable care act. beyond that we voted for bipartisan support for three free trade agreements that will aid in increasing the number of exports from our district. >> we have time for rebuttal. what are your thoughts regarding the stimulus act? maffei: i think the recovery act was essential at the time. first of all we're lots of small tax cuts that were essential to those families. secondly, we kept police on the street, kept or teachers to me laid off in our classrooms from blowing up in size. and firefighters. so certainly we had to do something. the thing that i am really confused about, that's bad but there do the right thing on the taxes apparently. but now some of the economy is starting to be fine for millionaires and billionaires. i'm doing the wrong thing by asking them to pay their share. and get we need to balance the budget but where is the money going to come from? none of it adds up. >> moderator: urso, your reaction. rozum: i think would be immoral to r
designates 36 bank holding companies as liable to create the instability in the u.s. economy if they fail. in addition, it goes on to permit the financial stability oversight council. it designates an unknown number of additional nonbank institutions that could create instability in the u.s. economy. now what does it mean when congress gives this authority or designates this notion in the statute? what it says is these institutions are too big to fail. so not only are we worried about the too big to fail but we have made the problem worse by actually embedded in the statute for these banking institutions and promoting the fsoc to designate certain institutions and we understand just from reading the newspapers that they have for the large insurance companies and in one case a finance company to be designated as too big to fail. what does it mean? what effect does that have? on the creditors will get these institutions and much safer investments than others. first of all once they are so designated they are supposed to be regulated stringently by the fed to really don't know what stringent
today on the job market really mean? >> this is a great number for the economy. it basically mirrors what we're seeing in the growth of the gdp. we're seeing the trend moving in the right direction. the numbers have been improving for 29 consecutive months in terms of jobs growth. however, at the same anemic pace we're seeing with gdp. gdp of 2% or less. we're seeing job growth averaging somewhere around $150,000. i would point out that the positive revisions to the two previous months actually bowie the numbers overall. a good number for the economy. jenna: 150,000 jobs added what we're seeing every month. some people say listen that is barely enough to keep up with population growth. why isn't it faster, bob? why aren't we seeing more growth, more jobs? >> because corporations are holding money on their books. though don't know what the regulatory overhang is going to be. they don't know the outcome of the election and they don't know associated costs for things like health care, as well as other benefits that are out there. so rather than make the investment in employees, they're
-- >> whoa. first of all, he can't run on a real economy economic message. >> the ad that was ad aimed at the 18-year-olds that haven't voted for obama and obama is hoping are as mindless as the video makes them out to be, one in every two kids graduating from college right now, cannot find a job. >> sean: african americans 14.4%. >> middle classes women are struggling to make decisions between filling gas tank and putting food on the table for their children. >> sean: obama's demographic constituency if you look at core demographics, african american unemployment 14.4%. hispanic americans. women have lost millions of jobs and we have 4 million american women, new women poverty under obama. >> african americans have always been the canary in the mines when it congresswomans to depression or poor economic status. >> obama hasn't helped them. it has gotten worse. >> it has not gotten worse. >> we are all of the canaries in the mine under president obama. >> they have improved tremendously under the president. >> no. the president of the united states the video shows the president of the
romney to change the trajectory of this economy with more than a job creation achine? >> number one data piss-off the fiscal cliff. so we don't have a severe recession but simplify the tax code. fire ben bernanke to get somebody who realizes to cheapen the dollar is not the way to wealth. >> he could force him out. >> harry truman showed you could fire the fed chairman. [laughter] as well as a general. [laughter] lou: none of that has the immediate effect of those who have suffered undr this administration. those who don't have a job and are underemployed givg up then we have a group of ceos speaking up for t multinationals we would like to go to the simpson thing. we want to raise taxes. reject it -- rejected by both republicans and democrats. we hear from business leaders they com up with this. >> how low do the fine balance? i will take that. remove the tax shelter and cut the top rate. >> rahm it -- romney is already proposing nonsense. >> we have a huge tax increase already slowing the economy down. to the clutter the tax code everyone can declare victory like 1986. we took the jump
. >> chris: you gave us a lot to chew on. let's start with the economy which i think everyone agrees is still the number one concern for voters. senator johnson, in wisconsin, the unemployment rate is now nationally down to 7.8%. gdp growth in the third quarter rose from 1.3 about percent in the second quarter to 2.0. it is still a weak recovery, senator. but aren't the president's policies starting to turn things around? >> we have had an incredibly diapid just armiger recovery and the fact that gdp rose 2% all you can say about that is it is less bad news. what happened in wisconsin is after the first debate the very false caricature that president obama spent hundreds of millions of dollars portraying governor romney was utter early shattered. when wisconsinites saw he was a man of integrity and intelligence and had a plan unlike president obama who has no proposals to save either social security or medicare or unlike the democrats in the senate who haven't passed a budget in three years. they know paul ryan somebody with the courage to put forward real proposals. >> chris: let me talk abo
Search Results 0 to 49 of about 116 (some duplicates have been removed)